The global stick and sachet packing machine market was valued at US$ 7.2 billion in 2021 and it is anticipated to grow up to US$ 12.4 billion by 2031, at a CAGR of 5.5% during the forecast period.
Packaging machines are used for packaging products or components. The need for packaging machines to integrate with upstream manufacturing processes has resulted in the development of automation techniques for several sectors. This product area includes equipment that forms, fills, seals, wraps, cleans, and packages at different levels of automation. Packaging machines also include related machinery for sorting, counting, and accumulating.
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A stick pack machine is a single lane vertical form fill seal packaging machine where a roll of film is cut, multiple small stick pack bags are formed, and products are filled and sealed inside it. The main applications include small packagings such as sugar sachet, small ketchup sachet, and coffee stick packing machine.
Sachet packaging is extensively used in the cosmetics & personal care, food & beverages, and pharmaceutical industries. Sachets are small, sealed, flexible pouches manufactured from paper, plastic, aluminum foil, and cellulosic and contain liquid, powder, or capsule products. As they are cheaper than large-size packets, sachets are generally used either for promotional trial packs or to cater to low-income or price-sensitive customers who prefer economical packs.
Market Drivers and Trends
Sugar sachet packing machines, milk sachet filling machines, sachet stick packs, and tea sachet packing machines are some examples of sachet packaging machines that are increasing in demand, and the demand for small sachet packing machines is expected to drive the market’s revenue growth due to the presence of many food and beverage manufacturers.
Sachet packing machine is most extensively used in medicine packaging. Sachet packing machines can easily produce blister foils, slip packs, and easy-open pouches at high speed which has increased manifold due to the growing demand for pharmaceutical products are expected to drive the growth of the sachet packaging machine market.
Therefore, increasing demand in food and pharmaceutical sectors are boosting the global stick and sachet packing machine market growth.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Stick and Sachet Packing Machine Market Segmentation
By Type
- Stick Pack Packing Machine
- Sachet Packing Machine
By Product Type
- Powder and Granule
- Liquid Products
- Others
By End User
- Food and Beverages
- Pharmaceuticals
- Chemicals
- Cosmetics
- Others
Major Players in the Global Stick and Sachet Packing Machine Market
The key players studied in the global stick and sachet packing machine market are ARANOW Packaging Machinery, S.L. (Spain), Duravant LLC (Spain), Ilapak International SA (Switzerland), Körber AG (Germany), Matrix Packaging Machinery, LLC (US), Nichrome Packaging Solutions (India), OMAG Srl (Italy), SmartPac Verpackungsmaschinen GmbH (Germany), Syntegon Technology GmbH (Germany), and Universal Pack S.r.l. (Italy).
COVID-19 Impact
In 2020, the COVID-19 pandemic resulted in economic challenges owing to subsequent lockdowns. In 2020, the manufacturing industry was severely affected due to a drastic decrease in product demand, falling prices, and storage shortages. A swift decline in manufacturing revenues due to virtually nonexistent manufacturing demand and slow production capabilities had limited the expenditure on the production of stick and sachet packing machines worldwide. Thus, the COVID-19 pandemic negatively affected the global stick and sachet packing machine market in 2020.
However, in 2021, the manufacturing industry started recovering from the significant labor and supply chain challenges that triggered the production of stick and sachet packing machines.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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